Pantheon International (LON:PIN) Shares Cross Above 200-Day Moving Average – Should You Sell?

Pantheon International PLC (LON:PIN) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 378.42 and traded as high as GBX 395. Pantheon International shares last traded at GBX 393.69, with a volume of 722,834 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group restated a “buy” rating on shares of Pantheon International in a research report on Tuesday, May 12th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Pantheon International currently has an average rating of “Buy”.

Pantheon International Stock Performance

The firm has a fifty day moving average of GBX 392.81 and a 200-day moving average of GBX 378.49. The company has a quick ratio of 37.81, a current ratio of 3.88 and a debt-to-equity ratio of 11.21. The stock has a market capitalization of £1.57 billion, a price-to-earnings ratio of 48.23 and a beta of 0.40.

Insider Activity

In other Pantheon International news, insider Tony Morgan acquired 15,000 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The shares were acquired at an average cost of GBX 401 per share, for a total transaction of £60,150. Also, insider Tim Farazmand acquired 24,750 shares of the stock in a transaction that occurred on Friday, May 29th. The stock was acquired at an average cost of GBX 402 per share, for a total transaction of £99,495. Insiders bought a total of 63,749 shares of company stock worth $25,612,098 over the last 90 days. 0.86% of the stock is currently owned by corporate insiders.

Pantheon International Company Profile

Pantheon International Plc (PIN) is an investment trust that provides investors with differentiated access to a global, diversified portfolio of private equity-backed companies through a flexible and active investment approach. Through its commitments to some of the world’s best private equity managers that might otherwise be inaccessible to individual investors, PIN makes the private, public.

Launched in 1987 and a constituent of the FTSE 250, PIN is a company of scale and one of the longest established private equity funds on the London Stock Exchange.